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That's true. I think the major thing to focus on w

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Post# of 39368
Posted On: 12/18/2012 10:35:59 PM
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Posted By: coolnapz
Re: dandaman53 #4669

That's true. I think the major thing to focus on will be the overall monthly and quarterly oil production trends.


Bruce has set the target at 400 bpd by end of Q1 for W. Texas alone. We've all been through this drill before and I'm guessing if not hoping that the market will scoff at the number and expect 40 bpd by the end of Q2 with maybe a half million MCF in gas. I didn't see people hitting ask for a million shares so I tend to think that this is the case.


Going into 2012 the market had very high expectations for Treaty, and was sorely disappointed. Going into 2013 the market has very low expectations for Treaty and and even a pop to 100 bpd at this point would be a significant gain.


It's much easier to hop over a bar set low than it is to vault a bar set high.





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